Aeropostale Inc. (ARO, Financial) filed Quarterly Report for the period ended 2013-08-03.
Aeropostale, Inc. has a market cap of $682 million; its shares were traded at around $8.70 with a P/E ratio of 56.80 and P/S ratio of 0.30. Aeropostale, Inc. had an annual average earning growth of 11.8% over the past 10 years.
SG&A, as a percentage of net sales, was 27.5% for the second quarter of 2013 compared to 25.2% for the same period last year. The increase in SG&A, as a percentage of sales, was due primarily to increased marketing and corporate expenses, as well as the deleverage impact of store-line expenses resulting from the above mentioned decrease in comparable store sales.
Net sales for the first twenty-six weeks of 2013 decreased by $76.2 million, or by 8%, compared to the same period last year. The decrease in net sales was driven by the decrease in comparable sales of 14%, and was partially offset by the average store square footage growth of 3% primarily from new stores. The net sales decrease reflects:
an increase of $48.1 million in non-comparable store sales due primarily to 34 more stores open at the end of the first twenty-six weeks of 2013 compared to the end of the first twenty-six weeks of 2012.
SG&A, as a percentage of net sales, was 27.2% for the first twenty-six weeks of 2013 compared to 24.9% for the same period last year. The increase in SG&A, as a percentage of sales, was due primarily to increased marketing and corporate expenses, as well as the deleverage impact of store-line expenses resulting from the above mentioned decrease in comparable store sales.
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Aeropostale, Inc. has a market cap of $682 million; its shares were traded at around $8.70 with a P/E ratio of 56.80 and P/S ratio of 0.30. Aeropostale, Inc. had an annual average earning growth of 11.8% over the past 10 years.
Highlight of Business Operations:
Net sales for the second quarter of 2013 decreased by $31.3 million, or by 6%, compared to the same period last year. The decrease in net sales was driven by the decrease in comparable sales of 15%, and was partially offset by the average store square footage growth of 3% primarily from new stores. The net sales decrease reflects:SG&A, as a percentage of net sales, was 27.5% for the second quarter of 2013 compared to 25.2% for the same period last year. The increase in SG&A, as a percentage of sales, was due primarily to increased marketing and corporate expenses, as well as the deleverage impact of store-line expenses resulting from the above mentioned decrease in comparable store sales.
Net sales for the first twenty-six weeks of 2013 decreased by $76.2 million, or by 8%, compared to the same period last year. The decrease in net sales was driven by the decrease in comparable sales of 14%, and was partially offset by the average store square footage growth of 3% primarily from new stores. The net sales decrease reflects:
an increase of $48.1 million in non-comparable store sales due primarily to 34 more stores open at the end of the first twenty-six weeks of 2013 compared to the end of the first twenty-six weeks of 2012.
SG&A, as a percentage of net sales, was 27.2% for the first twenty-six weeks of 2013 compared to 24.9% for the same period last year. The increase in SG&A, as a percentage of sales, was due primarily to increased marketing and corporate expenses, as well as the deleverage impact of store-line expenses resulting from the above mentioned decrease in comparable store sales.
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